Lovilia, IA Foreclosures
How much do homes sell for in Lovilia, IA?
The average home price is currently $138,689.
In Lovilia, IA, how many homes are available?
There are currently 9 active home listings available in Lovilia.
What’s the average rental cost in Lovilia, IA?
The average rental price in Lovilia is $966.
What is the most expensive home in Lovilia?
The most expensive home sold in Lovilia had a price of $704,839.
What is currently the cheapest priced home in Lovilia, IA?
The cheapest home for sale in Lovilia is priced at $10,751.
Living in Lovilia, IA
Lovilia, IA, is a quaint small town with a welcoming community, perfect for families and retirees. It features local parks, good schools, and a low crime rate, offering a peaceful lifestyle while being close to neighboring towns for additional amenities.
Current Market Conditions in Lovilia, IA
The real estate market in Lovilia is currently stable, with home values reflecting a modest increase over the past few months. This stability draws in buyers looking for affordable homes and contributes to a low turnover rate in the housing market.
As of late 2023, there has been a slight uptick in demand for homes in Lovilia, particularly among first-time homebuyers seeking entry-level properties. The average time on the market is around 30-45 days, indicating a competitive environment for well-priced homes.
Home Value Estimator For Lovilia, IA
There are currently 353 real estate properties
in Lovilia, IA,
with a median automated valuation model (AVM) price
of $124,005.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lovilia, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lovilia, IA,
is $138,689.00, with the most expensive house
in Lovilia, IA, topping out
at $704,839.00 and the cheapest home
in Lovilia, IA,
clocking in at $10,751.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lovilia, IA!
Rent Prices
In Lovilia, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lovilia, IA, is on
a rollercoaster ride. The
average rent price in Lovilia, IA,
is $966.00. Indeed, when looking to rent in
Lovilia, IA, you can expect to pay as little
as $640.00 or as much
as $1,490.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Lovilia, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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